Summary
FDMO
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return 32.96% Volatility 22.11% Sharpe 0.88
Official loaded data — not a live quote.

FIDELITY MOMENTUM FACTOR ETF

Symbol: FDMO

Exchange: NYSE

Sector: Technology

Category: Large Growth

Inception date: 12/09/2016

Latest date: 03/06/2026

Current price: $96.61

Expense ratio: 0.15%

Assets under management
$841.7M
-0.32% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

7.12%

Ann. -33.35% (Sharpe / Sortino numerator)

Volatility

25.28%

Sharpe ratio

-1.463

VaR 95%

-2.28%

CVaR 95%: -2.63%
Max drawdown: -8.03%
Sortino ratio: -2.831
Calmar ratio: -4.15

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

16.54%

Ann. -15.75% (Sharpe / Sortino numerator)

Volatility

20.92%

Sharpe ratio

-0.926

VaR 95%

-2.13%

CVaR 95%: -2.50%
Max drawdown: -12.35%
Sortino ratio: -1.571
Calmar ratio: -1.27

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

14.87%

Ann. -5.08% (Sharpe / Sortino numerator)

Volatility

19.37%

Sharpe ratio

-0.449

VaR 95%

-2.00%

CVaR 95%: -2.50%
Max drawdown: -12.35%
Sortino ratio: -0.699
Calmar ratio: -0.41

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

32.96%

Ann. 23.16% (Sharpe / Sortino numerator)

Volatility

22.11%

Sharpe ratio

0.883

VaR 95%

-1.92%

CVaR 95%: -3.12%
Max drawdown: -12.35%
Sortino ratio: 1.141
Calmar ratio: 1.88

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

60.69%

Ann. 17.45% (Sharpe / Sortino numerator)

Volatility

20.35%

Sharpe ratio

0.679

VaR 95%

-2.08%

CVaR 95%: -3.01%
Max drawdown: -21.88%
Sortino ratio: 0.883
Calmar ratio: 0.80

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

112.71%

Ann. 22.97% (Sharpe / Sortino numerator)

Volatility

18.16%

Sharpe ratio

1.065

VaR 95%

-1.78%

CVaR 95%: -2.66%
Max drawdown: -21.88%
Sortino ratio: 1.406
Calmar ratio: 1.05

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.119%

Best day

3.972%

31/03/2026
Worst day

-3.063%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $96.92 $97.21 $96.51 $96.61 136,800
02/06/2026 $96.17 $97.08 $96.17 $96.92 42,400
01/06/2026 $95.14 $95.92 $94.97 $95.53 41,400
29/05/2026 $95.88 $95.97 $95.11 $95.55 41,000
28/05/2026 $95.70 $96.19 $95.13 $95.84 61,000
27/05/2026 $96.18 $96.18 $94.99 $95.82 46,500
26/05/2026 $94.94 $95.85 $94.94 $95.62 32,100
22/05/2026 $94.25 $94.45 $93.92 $93.93 35,500
21/05/2026 $92.78 $94.08 $92.78 $93.82 38,100
20/05/2026 $92.33 $93.32 $92.26 $93.02 29,500